UAE’s top banks reveal exposure to troubled hospital group NMC Health – ZAWYA

UAE’s top banks reveal exposure to troubled hospital group NMC Health – ZAWYA

Dubai Islamic Bank said on Sunday it has a $425 million exposure to NMC Heath, while its subsidiary Noor Bank has a further $116 million.. The aggregate exposure to NMC constitutes approximately 0.7% of DIB 's total assets as of March 31, the bank said.. Emirates NBD, Dubai's biggest bank, said it had an exposure of 747.3 million dirhams ($203.5 million), including 676.5 million linked to its unit Emirates Islamic Bank.. National Bank of Fujairah NBF.AD pegged its exposure to NMC at 289.1 million dirhams, while Sharjah-based United Arab Bank UAB.AD said its exposure was 135.3 million dirhams..